ShaMaran Petroleum Corp V.SNM

Alternate Symbol(s): SHASF

Energy Oil & Gas E&P

ShaMaran Petroleum Corp. is a Canadian independent oil and gas company focused on the Kurdistan region of Iraq (KRI). The Company is engaged in the business of oil and gas exploration and production and holds interests in production sharing contracts. The Company indirectly holds an 18% working interest (22.5% paying interest) in the Sarsang Block in the KRI through its wholly owned subsidiary ShaMaran Sarsang A/S and a 50% working interest (66.67% paying interest) in the Atrush Block in KRI through its wholly owned subsidiary General Exploration Partners, Inc. (GEP). The Company is focused on developing the considerable reserve and production upside potential of its projects.

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ShaMaran Petroleum Corp > At last: Payment for Atrush August production

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Post by Fred57on Feb 03, 2023 9:31am

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Post# 35264492

At last: Payment for Atrush August production

https://shamaranpetroleum.com/news/shamaran-august-2022-atrush-payment-received-122833/

VANCOUVER, BC, Feb. 2, 2023 /CNW/ - ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) and (Nasdaq First North Growth Market: SNM) confirms receipt of payment today for the August 2022 Atrush crude oil sales in the amount of $11.98 million net to the Company. With this payment the total amount received for the month of August 2022 crude oil sales is $21.34 million net to the Company

The company is valued to ~$200 million ...

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